401(k) · DOL Form 5500 · 2023

The William Carter Company 401(k) Plan

Data updated 2026-08-11

$287M
Total assets
6,479
Participants
96th
Percentile by assets
$44,292
Avg per participant
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Official DOL plan name: Carters 401(k) Savings Plan · Sponsored by The William Carter Company · Georgia · Manufacturing

$287M in assets, 6,479 participants

The William Carter Company's Carters 401(k) Savings Plan reported $287M in total assets and 6,479 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 127,072 plans)
  • #17,526 in Manufacturing (18,722 peers)

Coverage in Georgia

Carters 401(k) Savings Plan covers 6,479 participants in Georgia, 5.9x the typical Georgia plan (state average ~1,096 per filing). Assets: $287M.

$287M
total plan assets (2023 EOY)
6,479
covered participants
96th
percentile by assets (of 127,072 plans)
$44,292
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carters 401(k) Savings Plan reported net income rose from -$42M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Carters 401(k) Savings Plan reported participants rose from 4,935 in the plan year 2022 filing to 6,479 in the plan year 2023 filing.
  • Carters 401(k) Savings Plan end-of-year assets rose from $249M in the plan year 2022 filing to $287M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Carters 401(k) Savings Plan reports 6,479 participants - 5.9x that state average ($287M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$286M
Net Income$37M
Employer EIN041156680
Plan Effective Date1988-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The William Carter Company)

$200M$250M$300M$350M 202220232024 $249M $319M ▲ +27.9%
Total plan assets by year, all The William Carter Company plans on file
Year Plans Participants Total Assets
2022 1 4,935 $249M
2023 1 6,479 $287M
2024 1 6,486 $319M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Carters 401(k) Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Carters 401(k) Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Carters 401(k) Savin…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Carters 401(k) Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Scale composition for Carters 401(k) Savings Plan

Carters 401(k) Savings Plan reports $287M in end-of-year assets across 6,479 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $44,292 per participant (32% of the national average assets-per-participant) . Net income for plan year 2023 was $37M.

This plan identity (EIN 041156680, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $249M to $319M (+27.9%) while covered participants moved from 4,935 to 6,486 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,935 $249M Open filing
2023 6,479 $287M This page
2024 · index core 6,486 $319M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Carters 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Carters 401(k) Savings Plan assets move in 2023?
Carters 401(k) Savings Plan grew sharply - up 15.2% during 2023, from $249M to $287M. Reported net income was $37M.
How have The William Carter Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The William Carter Company's sponsor-wide assets grew 27.9%, from $249M to $319M.
Where does Carters 401(k) Savings Plan rank by assets among Form 5500 filers?
Carters 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Carters 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is West Fraser, Inc. 401(k) Plan in TN ($287M, 2,365 participants).

Next read for Carters 401(k) Savings Plan

Filing takeaways

Ways to act on Carters 401(k) Savings Plan's numbers.